SOLANA SHORTERM SCENARIO Hi guys, After solana Restart the network, still maintenance lower high and keep the uptrend move. i think in a shorterm this week at first month in october solana will reach
37$ Again if can sustain in a raging area (Green Area). If Can't sustain, solana will going to 25$. So if you solana holder.. please prepare for the worst. Becuase we all know. Uncertainly in this situation make a trader or investor confused. so don't be greedy. cheers.
Solanausdt
SOL USDT Price AnalysisYou can easily see that the left draws a clear harmonic pattern. There is only one problem. What price will point C correspond to?
Although the C leg of the pattern also seems to be complete, there still does not seem to be complete price stability. There is a possibility that the price will fall to fibonacci 1.13 and change the current harmonic pattern to shark or another harmonic pattern.
Even so, we can think that the start of the uptrend will be close.
But we have another problem. If you are not an experienced investor, we see that you are trying to complete a harmonic pattern of the bear market, whatever its name. So even if there is an upward movement, strong downward sales will start again in the coming times. In this case, I think it will be safe to make piecemeal trades and enter stop loss orders.
When you examine the bollinger bands and solana movements in the chart below, you see that the prices are stuck between the bollinger bands.
The triangle on the chart does not indicate a pattern. Just consider it a geometric shape to show that prices are shrinking. The triangle has no meaning. It just marks how the depth of the bollinger bands has narrowed.
The upper line of the Bollinger bands may be in an angular downward acceleration. This may be a confirmation that prices are still not pointing to an upward trend. It's not reliable, but I wanted to say it in terms of ideas.
When we examine the movements of prices in the last week, we can think that this indicates an ascending wedge. Accordingly, we can expect a decrease of the same depth.
You can also observe that the levels indicated in this chart and the previous supply zones are on the same plane.
The important thing here is to determine whether the C leg will be at lower levels. If the area I pointed out with the current C is crossed, you can expect prices to return from fibonacci 1.13. Because the existing marked C leg will be invalid.
As a result, even if the C pillar is crossed, we can foresee that we will not wait too long for prices to start an upward trend. Because the AB areas of the formation have been formed. For C, we can predict that enough time has passed, or even that it may have occurred.
I think it would be a safe trade to buy and accumulate from here piece by piece and wait for the formation of the D leg.
When we measure the resistance areas where the selling reaction may come during the uptrend of the harmonic pattern with the fibonacci levels of the harmonic pattern, you can predict that it coincides with the previous supply regions and that there will definitely be a sales reaction from here.
Note: This is not investment advice.
SOLUSDTPERPETUAL SNIPER ENTRY POINTSHi Traders
These are the sniper entry points on the basis of weekly & 4hr time frame
BLACK LINE represents weekly support and resistance
YELLOW LINES represents 4hr candlestick support and resistance points for sniper entry.
DONT FORGET TO PLACE STOP LOSS JUST ABOVE OR BELOW THE GIVEN POINTS
SOL/USDT 1DAY ANALYSISHi all,
Solana is making a predicted move to the upside today.
It's currently trading in a Unilateral triangle so we might still see a bearish push in the future to break down, but like everyone else I'm hoping it will break upwards.
The analysis shows us that the current move is following a cup and handle pattern, with a Buy order just indicated by the 7day crossing over the 25day moving average. We are hoping that his will be enough of a push to break past the 99day moving average and up to the next major resistance at $48.
If we however get rejected at the 99day we will see it drop back down to the bottom of this triangle before more consolidation at around $32.
Good luck all and happy trading.
#SOL/USDT 1DAY UPDATE !Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
Solana (SOL) 1DAY UPDATE:-
The most recent rejection at the $38 resistance has pushed Solana’s price into a downtrend which lost 3% of its valuation in the past seven days. Now, SOL is found at critical support with the price hovering just above $30.
Buyers will have to do all that they can to protect the key support, because otherwise, Solana will enter a very dangerous area that could lead the price towards a significant drop. In August and September, buyers were successful to defend the $30 support, but the current market does not favor them.
The indicators do not give any clear hits on where Solana could go next and are rather neutral. This shows market participants are hesitating. Usually, this type of price action precedes a major move one way or the other. Therefore, best to be prepared for that.
Sorry for my English it is not my native language.
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Trading opportunity for long position SOLUSDTBased on technical factors there is a Long position in :
📊 SOLUSDT
🔵 Long Now 33.22
🧯 Stop loss 29.76
🏹 Target 1 37.37
🏹 Target 2 41.00
🏹 Target 3 46.50
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
Solana Analyze (Road Map)(update)!!!🗺️First, let's take a look at the previous analyzes of Solana👇
Solana seems to be doing 😎well😎 on my waves.
Currently, Solana is above the descending channel, and at the same time, it has managed to form a Bearish Engulfing Pattern in this area. I expect this decline to continue until the targets I specified in the chart.
Solana Analyze Analyze (SOLUSDT) Daily Timeframe ⏰ (Log Scale)
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
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SOLUSDT 1D "Double bottom" or "Adam and Eve", SOL target $79-80A "Double bottom" or "Adam and Eve" trend reversal pattern is most likely formed on the SOLUSDT chart
So far, all the necessary conditions have been met:
- the first peak is sharp, with spikes and high volumes
- the second peak has a U-shaped shape with low volumes
In order to continue working out this pattern, the SOLUSD price requires:
1. Get a foothold at the top part of a global descending channel that has been going on for almost a year now
2. Break through and consolidate above $50 per SOL
3. On high volumes, break through the upper border of the global falling channel and reach the goal in the form of a strong mirror level in the area of $79-80 per SOLANA token
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SOLUSD in correction channel! SOLUSDTThe uptrend initially moved upward in a channel with a low and soft slope ( The white channel).
Then the price started to grow with a jump move in an ascending channel with a high slope (more than 70 degrees) (in the blue channel)
Now, in order to reach the balance and also to continue the uptrend, it should form a channel with an angle of about 40 degrees to 45 degrees, and for this reason, it has a correction and a short downtrend ( micro-channel), and then it continues to move upwards in the Red channel...
SOLUSD/ Solana vs Tether | SOLUSDT
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Solana: market outlook fo September 6The movement in recent days has formed a new support level with the borders of $30.75 – $31.05. A few days ago, a new resistance level with the borders of $33.15 – $32.45 was also formed.
One of these levels is likely to be broken through soon. In case of support level breakout, the potential for the downward movement is limited since the new support level is located around $30.25.
After the bullish candle on the Daily timeframe is closed above the resistance level the market will reverse and the uptrend will start . The first target in this case is the resistance level formed on August 21 – 24 with the borders of $36.60 – $37.10.
In case of successful development of the trend, a more distant target will be on the highs of August 12 – 15, where the next resistance is located with the borders of $46,60 – $48.55.
$SOLANA - Consolodating at local Support Hello my fellow TraderZ...
Today I'm here with $SOL #SOL/USDT chart.
In recent move towards upside, SOLANA unable to break the Resistance Zone of 48-50. And with weaker Price Action forming Double Top rejecting the price to drop further -38%.
Now it can be seen clearly that price is consolidating at this local Support but still the Volume showing weaker demands. So I'm expecting further drops to test $25-26 low, alongwith #BITCOIN testing its low around 18k.
Also, Negative Futures Funding could also lead to a Short Squeeze to the Resistance area as mentioned in the chart.
NOTE : TraderZ if you like my idea, please LIKE it and give me a FOLLOW to encourage me to bring more such contents. Also comment below your favourite coins so that I bring the CHART IDEAS with your NAME mentioned here.
Is SOL worth it?Looking at the chart, you can immediately see that the Solana looks weaker than many top altcoins, it falls faster, but we see large volumes in this accumulation, which means there is a buyer’s interest. I see an update of the previous low at $25 and from there I would consider buying from the $18-24 zone, I don't think we will fall much lower. It will accumulate for some more time until the next bull cycle, despite all the negativity associated with Solana, it is in my top 20 coins for long-term investment.
Solana Analyze (Road Map)(update)!!!🗺️Solana moved as I expected in my previous Idea👇✅.
Finally, Solana broke the support line to verify the end of the main wave 4 at the top of the descending channel.
I expect that Solana will go down at least to the last Bottom, even probably it will touch zones where I specified in my chart about the end of main wave 5.
Solana Analyze Analyze (SOLUSDT) Daily Timeframe ⏰ (Log Scale)
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
There is still room to fall for SOLANAThere is still a big room to fall for Solana. There has been a lot of negative news for Solana lately, such as fake TVL and the latest multi-million dollar hack of the Solana wallet in August caused its price action to weaken. For buy the dip buyers, you may pay attention at the price 26 and 22.
SOLana ; Vc's wet dream or Marg Thatcher on a cold day *UPDATESOLana ; Vc's wet dream or Marg Thatcher on a cold day
So did Sam create this nice big plump NFT market with his token, sold the dream to VCs, then took all that actual money he made as he slowly dumped on everyone to buy up REAL crypto companies after/during the crash when they all were about to go bankrupt
OR ... hes holding with you TOOoooooooooooooo the MMMMMMMMMMMoooooooooooon with you..
hrmmm
anyways this is an update to the last sol idea (attached) which is playing out nicely so far, squiggles just needed to be wider, but the general idea was right. lines were on point too.
this is quite the inflection point as highlighted in this chart. i have no idea which way it goes. seems to me there are more interest rate hikes to come, and lots more unemployment approaching fast as big companies dump their liabilities (you). its all started happening. question is, does the fed put the brakes on this death train and try and reinflate or let it all crumble?
Any Solana fans here? This trade setup might be for you!If you check the price structure on the higher timeframe like daily and weekly, you will notice that this pair has been ranging.
Depending on the move of the BTC, Sol will just follow.
But what's important with this long setup is the breakout in the structure, then will follow by a re-test. That will ensure an accuracy of your entry with a minimal and tight stoploss.